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Principal Financial Group inc  (PFG)
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Principal Financial Group Inc's Leverage Ratio

PFG's quarterly Leverage Ratio and Total Liabilities, Equity growth


Due to net new borrowings of 6.55%, Leverage Ratio fell to 31.19, above the Principal Financial Group Inc's average Leverage Ratio.

Within Accident & Health Insurance industry in the forth quarter 2023, 9 other companies have achieved lower Leverage Ratio than Principal Financial Group Inc in the IV Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 1452 to 1843 .

Explain Leverage Ratio?
Who are PFG Customers?
What are PFG´s Total Liabilities?


PFG Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 9.15 % 13.01 % -6.22 % -14.15 % -37.72 %
Y / Y Total Liabilities Change 4.18 % 0.98 % 41.09 % 42.98 % 35.27 %
Leverage Ratio MRQ 31.19 29.93 32.16 32.63 32.68
PFG's Total Ranking # 1843 # 1452 # 4121 # 949 # 862
Seq. Equity Change 2.23 % 3.21 % 1.25 % 2.17 % 5.84 %
Seq. Total Liabilities Change 6.55 % -3.95 % -0.22 % 2.02 % 3.28 %



Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Accident & Health Insurance Industry # 10
Financial Sector # 390
Overall Market # 1843


Leverage Ratio Statistics
High Average Low
50.84 18.78 12.87
(Dec. 31, 2008)   (Dec. 31, 2003)




Financial Statements
Principal Financial Group Inc's Equity $ 10,962 Millions Visit PFG's Balance sheet
Principal Financial Group Inc's Total Liabilities $ 341,901 Millions Visit PFG's Balance sheet
Source of PFG's Sales Visit PFG's Sales by Geography


Cumulative Principal Financial Group Inc's Leverage Ratio

PFG's Leverage Ratio for the trailling 12 Months

PFG Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 9.15 % 13.01 % -6.22 % -14.15 % -37.72 %
Y / Y Total Liabilities TTM Growth 4.18 % 0.98 % 41.09 % 42.98 % 35.27 %
Leverage Ratio TTM 31.46 31.82 32.72 29.79 26.24
Total Ranking TTM # 31 # 176 # 3788 # 82 # 851
Seq. Equity TTM Growth 2.23 % 3.21 % 1.25 % 2.17 % 5.84 %
Seq. Total Liabilities TTM Growth 6.55 % -3.95 % -0.22 % 2.02 % 3.28 %


On the trailing twelve months basis Despite of the net new borrowings of 6.55% during the twelve months period ending in IV Quarter 2023 Principal Financial Group Inc has managed to decrease Leverage Ratio in the IV Quarter 2023 to 31.46, above the PFG's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Accident & Health Insurance industry PFG recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 31, from total ranking in previous 12 month period at 176.

Explain Leverage Ratio?
Who are PFG Customers?
What are PFG´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Accident & Health Insurance Industry # 0
Financial Sector # 3
Within the Market # 31


trailing twelve months Leverage Ratio Statistics
High Average Low
0.45 0.23 0
(June 30. 2009)   (Mar 31 2017)




Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Accident & Health Insurance Industry Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Equity
Principal Financial Group inc  31.19 $ 341,901.300  Millions$ 10,961.700  Millions
Cno Financial Group Inc   27.30 $ 60,482.900  Millions$ 2,215.600  Millions
Unum Group  10.31 $ 99,470.900  Millions$ 9,651.400  Millions
Aflac Incorporated  8.65 $ 190,114.000  Millions$ 21,985.000  Millions

Date modified: 2024-02-21T14:19:08+00:00



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